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Month: August,2024

Judge rules RFK Jr. can sue Biden administration over alleged censorship of charity that questions vaccines

Judge rules RFK Jr. can sue Biden administration over alleged censorship of charity that questions vaccines

August 25, 2024
A federal judge ruled Tuesday Robert F. Kennedy, Jr. can sue the Biden administration over alleged social media censorship of his Children’s Health Defense charity, which questions the safety of vaccines. ‘The Court finds that Kennedy is likely to succeed on his claim that suppression of content posted was caused by actions of Government Defendants, […]
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IDF strikes Hezbollah terror targets in Lebanon after they were seen preparing to fire toward Israel

IDF strikes Hezbollah terror targets in Lebanon after they were seen preparing to fire toward Israel

August 25, 2024
The Israeli Defense Forces said Sunday morning it launched heavy airstrikes on Hezbollah positions across Lebanon after detecting the terror group was preparing for an ‘imminent’ attack on Israel. ‘The IDF identified the Hezbollah terrorist organization preparing to fire missiles and rockets toward Israeli territory. In response to these threats, the IDF is striking terror […]
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ISIS-affiliated inmates kill four prison officers at Russian penal colony

ISIS-affiliated inmates kill four prison officers at Russian penal colony

August 24, 2024
Four officers at a maximum security prison in Russia were killed after inmates who identified themselves as affiliated to ISIS took several staff hostage, Russian state media reported. Russian special forces said the alleged hostage takers were all “eliminated” in an operation that saw some hostages freed, at the penal colony in the town of […]
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Manhunt in Germany after deadly stabbing attack at festival

Manhunt in Germany after deadly stabbing attack at festival

August 24, 2024
The attacker is on the run and police are treating the incident as a terror attack, said a German police spokesperson. Police services are utilizing all available resources, including personnel and vehicles, and a large-scale manhunt is underway, the spokesperson added. The attack occurred at a “Festival of Diversity” being held in the city, which is […]
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‘Are we not eating tonight?’ Myanmar’s military junta accused of using hunger as a ‘weapon’ by blocking vital food aid

‘Are we not eating tonight?’ Myanmar’s military junta accused of using hunger as a ‘weapon’ by blocking vital food aid

August 24, 2024
Khin Mar Cho worries for her 4-year-old son as she struggles to scrape together enough food to feed him in a makeshift displacement camp at a crowded monastery in western Myanmar. Soldiers had stormed their village of Byine Phyu, Rakhine state, and forced her and other family members out of their homes. They detained all […]
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Kyiv’s incursion into Russia sends a defiant message to its Western backers: We can win this war

Kyiv’s incursion into Russia sends a defiant message to its Western backers: We can win this war

August 24, 2024
Ukraine’s audacious foray into the Russian region of Kursk has been a triumph for its military intelligence and tactical agility – and equally a signal that, despite its advantage in terms of men and armor, the Russian military has plenty of vulnerabilities. Just as importantly, it’s also sent a political message to Kyiv’s allies that has changed the prevailing […]
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Fires on board Greek-flagged tanker after Houthi attack in Red Sea, says maritime agency

Fires on board Greek-flagged tanker after Houthi attack in Red Sea, says maritime agency

August 24, 2024
Three fires blazed on a Greek-flagged oil tanker in the Red Sea, the United Kingdom Maritime Trade Operations said on Friday, one day after rescuers evacuated its crew in the wake of an assault by Yemeni Houthi militants. The Iran-aligned Houthis, who control Yemen’s most populous regions, said on Thursday that they had attacked the Sounion oil tanker as […]
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Italian authorities open manslaughter investigation into superyacht sinking

Italian authorities open manslaughter investigation into superyacht sinking

August 24, 2024
Authorities in Italy have opened a manslaughter investigation into the sinking of a superyacht, which killed seven people off the coast of Sicily earlier this week. Announcing the probe, prosecutor Ambrogio Cartosio said investigators found it was not the weather that caused the ship to sink, but was a result of the behavior of the […]
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French synagogue targeted in purported arson attack

French synagogue targeted in purported arson attack

August 24, 2024
French authorities are investigating a purported arson attack on a synagogue Saturday morning. The incident took place in La Grande-Motte, a southern seaside town not far from Montpellier. Observant Jews typically go to synagogue on Saturday morning to celebrate the Sabbath. French Interior Minister Gerald Darmanin said on X that the incident was “clearly criminal” […]
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Ukraine’s president signs law banning Russia-linked religious groups

Ukraine’s president signs law banning Russia-linked religious groups

August 24, 2024
Away from the frontlines, Ukraine is waging a different battle against Russia as it seeks to remove Moscow’s influence from religious institutions. President Volodymr Zelensky signed into law a bill banning religious groups with ties to Russia Saturday, Ukraine’s Independence Day. The bill’s main target is the Ukrainian Orthodox Church (UOC) which has historically been linked […]
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Jackson Hole Jay Doesn’t See His Shadow, Worst Market Weather Behind Us

Jackson Hole Jay Doesn’t See His Shadow, Worst Market Weather Behind Us

August 24, 2024
It’s been nearly two years since Jackson Hole Jay saw his shadow and we all endured 6 more weeks of harsh market weather. If you need a reminder, August 26, 2022 was the day Fed Chief “Jay” Powell climbed out of his Jackson “Hole” Economic Symposium to announce “more pain ahead!” This is how the […]
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Is Peloton Stock the Next Big Turnaround? What You Need to Know Before It’s Too Late

Is Peloton Stock the Next Big Turnaround? What You Need to Know Before It’s Too Late

August 24, 2024
Peloton’s (PTON) stock soared over 38% on Thursday after the company posted positive free cash flow for the second quarter in a row—a first since 2021. Is the turnaround working? Maybe. But investors aren’t waiting around—they’re hopping on. Peloton came to my attention while reviewing the Market Movers panel on the StockCharts dashboard on Thursday. […]
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The SCTR Report: Workday Rises on Strong Earnings Results and Rising Technical Strength

The SCTR Report: Workday Rises on Strong Earnings Results and Rising Technical Strength

August 24, 2024
When a stock surges based on a strong earnings report, analyst upgrade, or other fundamental factors, it’s tempting to jump into the stock. But often, when a stock’s price spikes due to a one-off fundamental event, there’ll be a pullback, one that will present a better technical picture of the stock. For this reason, it’s […]
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RRG-Velocity Jumping on XLF Tail

RRG-Velocity Jumping on XLF Tail

August 24, 2024
On the weekly Relative Rotation Graph, the rotation still favors almost every sector over Technology. I discussed the opposite rotations between weekly and daily RRGs in last week’s video, which you can find here. Real Estate Working off this weekly chart, many tails are drawing attention to themselves. First of all, XLRE has the longest […]
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Top Ten Charts for August: Two Bearish Turnaround Plays

Top Ten Charts for August: Two Bearish Turnaround Plays

August 24, 2024
In this edition of StockCharts TV‘s The Final Bar, Dave completes a five-part series covering ten charts to watch in August 2024, breaking down to stocks in established downtrends. What would we need to see to confirm a rotation from a distribution phase to an accumulation phase, and where should you set alerts for key charts on […]
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